Limited Partnership Agreement Template
Limited Partnership Agreement for Your Business
Doing business together can be a hassle if there is no agreement between the two parties. It means that you need a written agreement that can protect the first and second parties. Furthermore, when it comes to limited partnership agreement where it is a legal document that is used for the private capital funds which form limited partnership itself. The purpose of this agreement is to protect the success of the business you do in the future. Its agreement will define the terms in your partnership which are about the ownership rights and the liabilities for both parties to gain the goals you have determined together.
Other Samples of Limited Partnership Agreement Form :
Regarding its partnership agreement, you must pay attention to some parts that should be included when you decide to write it on your own with your partner. The first is the name and the address of your business that should be written clearly. Then, explain the reason why you establish your limited partnership. After that, look for the voting of the right of limited partners if there is any. You should also explain briefly how to make the business decisions and how much ownership percentage that you and your partner take. To make you easy in doing the agreement, here are some templates that you can download for free at the bottom of the page.
Limited Partnership Agreement Template | PDF – download